Offshore OSV market – high values vs. high vessel counts in cooperation with The global fleet of offshore support vessels (OSV) is dominated by Plattform Supply Vessels (PSV), Anchor Handling Tug Suppliers (AHTS) as well as crew boats and Fast Supply Vessels (FSV). While AHTS hold the biggest share in terms of fleet size (2,537 vessels), the PSV segment is by far the dominating one when it comes to fleet value. The 2,312 PSVs are worth 12.9 bn $ altogether – almost half the value of the total OSV fleet is accumulated here –, AHTS are worth 8.4 bn $. The US ist the top owner country both by fleet size and fleet value (1,207 vessels worth 5 bn $). Norwegian owners come in second with 363 vessels worth 2.9 bn $. This is remarkable since Singapore accounts for 629 ships worth »only« 2,6 bn $. Brazil on position four is then followed by Malaysia – again an interesting pair, because both countries’ fleets are valued at 1.7 bn $ with Brazilians owning 219 ships and Malaysians owning 452. Top owners by fleet value are Edison Chouest Offshore (211 vessels worth 1.4 bn $), Tidewater Marine 204 / 1.2 bn $), Solstad Offshore (96 / 750 mill. $), Bourbon (205 / 639 mill. $) and Hornbeck Offshore Services (62 / 547 mill. $). Most ships are between five and 14 years old. Deliveries of newbuild offshore vessels have seen a steep decline in recent years from record highs around 2009 and a recovery around 2013/2014 (when the orderbook value reached record highs of 2.86 bn $). Interestingly, ships on order for 2020 are even outperforming this number with a combined value of 2.93 bn $.fs Total Value USD millions .600 .400 .200 .000 0 0 0 0 ###COLUMNCONTENT### Top OSV Owners by Fleet Value Number of Vessels Total Spent USD bn Edison Chouest Offshore Tidewater Marine Solstad Offshore Bourbon Hornbeck Offshore Services 250 200 150 100 50 0 Number of Vessels Top OSV Owner Countries by Fleet Value Number of Vessels Total Spent USD bn 1.400 1.200 Total Value USD millions 1.000 800 600 400 200 Number of Vessels ###COLUMNCONTENT### USA Norway Singapore Brazil Malaysia 0 OSV Fleet (Number of Vessels) OSV Fleet (Number of Vessels) Crewb Boat / FSV Crewb 1.344 Boat / FSV 1.344 Ocean Going Tug Ocean Going 636 Tug Standby / ERRV 636 Standby 416 / ERRV 416 Elektrische Antriebe für Schiffswinden und Offshore, für NT-Betrieb bis -50°C electrical drives for marine winches and offshore, for LT-operation down to -50°C BEN BUCHELE ELEKTROMOTORENWERKE GMBH POPPENREUTHER STR. 49A 90419 NÜRNBERG POSTFACH 91 04 40 90262 NÜRNBERG TEL. +49 911 3748-0 FAX +49 911 3748-138 Internet: www.benbuchele.de E-Mail: info@benbuchele.de AHT AHT 710 710 AHTS AHTS 2.537 2.537 PSV 2.312 PSV 2.312 58 HANSA – International Maritime Journal 09 | 2020
Offshore OSV Fleet (Value USD millions) OSV Fleet (Value USD millions) PSV .920 OSV Fleet Age Profile Number of Vessels Total Value USD m 2.400 2.000 Standby / ERRV .157 Ocean Standby Going / Tug ERRV 1 .157 PSV .920 Total Spent USD billions ###COLUMNCONTENT### On Order 0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50+ 1.600 1.200 800 400 0 Number of Vessels Ocean Going Tug Crewb Boat 1 / FSV .436 Crewb Boat / FSV .436 AHT .472 AHT .472 AHTS .390 AHTS .390 700 600 OSV Delivery Schedule Delivered On Order Total Value USD m ,5 ,0 Number of Vessels 500 400 300 200 ,5 ,0 ,5 ,0 Total Value USD millions 100 ###COLUMNCONTENT###,5 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 ###COLUMNCONTENT###,0 HOME OF ENERGY TRANSITION Connecting the maritime & offshore world for sustainable solutions. From phasing out fossil fuels to investing in greener innovations within the maritime and offshore industry, the energy transition is relevant for all of us. The developments in these industries are driven by the changing landscape in the energy sector and the necessity to have all industries working together for the same goal: a more sustainable future. CLEAN FUEL GREEN MARINE FOSSIL ENERGY MARINE ENERGY The platform focusses on the energy transition and sustainable solutions in the maritime and offshore energy industry. With a team of editors, content developers and sales & marketing professionals Offshore Energy brings the industry daily news, in-depth stories, networking events and conferences. OFFSHORE WIND SUBSEA WWW.OFFSHORE-ENERGY.BIZ HANSA – International Maritime Journal 09 | 2020 Created and produced by 59
